Iran Infrastructure Report Q3 2012 - New Market Report Now Available
Recently published research from Business Monitor International, "Iran Infrastructure Report Q3 2012", is now available at Fast Market Research
Boston, MA -- (SBWire) -- 07/18/2012 --BMI View: Due to rising inflation - estimated above 25% between 2012 and 2015, later subsiding to 15% in 2016 - and continued pressure on Iranian finances following the latest wave of US and EU energy sanctions, we maintain our bearish construction industry forecast of -3% for 2012. This pattern is expected to be maintained until 2016, after which we anticipate a gradual easing and an average annual growth of around 2% between 2016 and 2021. Iran's business environment remains opaque and difficult to penetrate for any outside investors. China and Russia are, by and large, the only two countries with a continued international presence.
- The Chinese government has made an offer to build a new freight rail line in Iran, according to Engineering News-Record. The freight line is aimed at allowing continuous rail transport of goods from China, through the Middle East, to Europe. The project will cost US$2bn, starting in Tehran and running to Khosravi on the Iraqi border. The line will also offer a passenger service. Iran's minister responsible for transport is reported to have invited bids to construct the line.
- Iran launched the Bushehr nuclear power plant during a ceremony held on September 12 2011. The 1,000 megawatt (MW) plant will undergo several test stages before becoming fully operational, reports the IRNA news agency. The west has opposed any such developments, claiming that the Iranian nuclear programme is a cover for the development of atomic weapons.
- Iran's Ministry of Housing and Urban Development has confirmed that contracts have been agreed with construction firms for work on the Mehr Housing Scheme, according to AMEinfo. The scheme will see the construction of 430,000 urban residential units before March 2012. The deals in place relate to 260,000 of the residential units, with arrangements for the rest yet to be finalised.
View Full Report Details and Table of Contents
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Construction research reports at Fast Market Research
You may also be interested in these related reports:
- Turkey Infrastructure Report Q3 2012
- Brazil Infrastructure Report Q3 2012
- India Infrastructure Report Q3 2012
- Philippines Infrastructure Report Q3 2012
- China Infrastructure Report Q3 2012
- Indonesia Infrastructure Report Q3 2012
- Germany Infrastructure Report Q3 2012
- Thailand Infrastructure Report Q3 2012
- Czech Republic Infrastructure Report Q3 2012
- South Korea Infrastructure Report Q3 2012
Media Relations Contact
Director of Marketing
View this press release online at: http://rwire.com/153194